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Nancy Dominga
Nancy has a shoe repair business in Fontín, where she provides shoe repair and shoemaking services. She started her business thanks to a loan that she used to purchase equipment and raw materials. This was 8 years ago, and over time she has realized that it was an excellent investment, as her business is profitable. Her children help her, and the business is open Monday to Friday from 8am to 5pm. Nancy is 40 years old and single. She lives with her 3 children who attend school. With this loan she will buy soles, buckles, and nails which she hopes will increase her sales so she can finish building her home.
View original language description ↓
Nancy tiene una reparadora de calzado en Fortín donde brinda servicio de reparación y confección. Su negocio lo inicio gracias a un préstamo con el cual compro maquinaria y materia prima. De eso ya 8 años y con el tiempo se a dado cuenta que fue una excelente inversión ya que su negocio es rentable. Actualmente son sus hijos quienes le ayudan, el negocio abre de lunes a viernes de 8 a 5 de la tarde. Nancy tiene 40 años está soltera y vive con sus 3 hijos quienes asisten a la escuela fiscal. Con el crédito a comprar suelas, hebillas, clavos con esta espera aumentar sus ventas para poder terminar su casa.

Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.

About Ecuador

  • $10,600
    Average annual income
  • 95
    View loans »
    Ecuador Loans Fundraising
  • $24,193,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Nancy Dominga to purchase soles, buckles, and nails.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2012
Listed
May 20, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 18, 2013